Artikel

Team rivalry and lending on crowdfunding platforms: an empirical analysis

Background: Prosocial crowdfunding helps the underprivileged obtain non-profit seeking loans from multitudinous lenders. Some platforms introduce team competition to motivate member participation and may thus induce team rivalry. Methods: We investigate how team rivalry affects lending decisions using data from Kiva.org. We argue that a rivalry relationship may engage teams to compete directly against rivals by lending to the same project or prevent them from doing so because they intend not to cooperate. Result: We find that a team is less likely to lend to a project that has received funding from its rival team, suggesting that rival teams tend to avoid cooperation. Conclusions: We discuss the implications of our findings for crowdfunding and competition-based motivation mechanisms in general.

Sprache
Englisch

Erschienen in
Journal: Financial Innovation ; ISSN: 2199-4730 ; Volume: 2 ; Year: 2016 ; Issue: 17 ; Pages: 1-8 ; Heidelberg: Springer

Klassifikation
Management
Thema
Crowdfunding
Prosocial lending
Rivalry relationship
Lending decision

Ereignis
Geistige Schöpfung
(wer)
Ge, Ling
Luo, Xuechen
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2016

DOI
doi:10.1186/s40854-016-0035-8
Handle
Letzte Aktualisierung
10.03.2025, 11:46 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Ge, Ling
  • Luo, Xuechen
  • Springer

Entstanden

  • 2016

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